A parliamentary panel has warned of a sharp decline in the tax department’s court success rate, with mechanically filed appeals clogging the judiciary and harassing taxpayers. The committee’s report highlights a significant drop in success rates at appellate levels, urging…
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A parliamentary panel has flagged a surge in income tax refund delays, with 27 lakh cases pending. The committee urges the revenue department to adopt AI-driven technology for faster processing of low-risk claims, aiming to ease cash flow for individuals…
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Safex Chemicals has appointed Richa Malhotra as its Group Chief Financial Officer. Malhotra will lead the company’s financial strategy and governance. This move supports Safex’s expansion plans in specialty chemicals and global agrochemicals. Her expertise will strengthen financial discipline. Safex…
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India’s wholesale price inflation saw an increase in February. The rate rose to 2.13 percent from 1.81 percent in January. This rise was influenced by higher prices in manufacturing, metals, food, and textiles. Food inflation also climbed to 1.85 percent.…
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US President Donald Trump will proceed with tariffs in a new form. This follows a Supreme Court ruling impacting his trade policy. Trump stated the court’s decision favors foreign nations. He asserted his right to implement tariffs differently. His administration…
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India is intensifying diplomatic engagement with Iran amidst severe gas shortages and economic threats due to Middle East conflict. New Delhi secured safe passage for LPG tankers through the Strait of Hormuz, balancing its strategic ties with the US and…
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